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Record trade turnover between Ukraine and Egypt

Expected to reach 2 billion USD

Oct 30, 2024 11:11 116

Record trade turnover between Ukraine and Egypt  - 1

Egyptian authorities expect trade turnover with Ukraine to grow to 2 billion USD. “We expect the volume of trade exchange with Ukraine to reach $2 billion,” said Egyptian Foreign Minister Badr Abdel Ati during a joint press conference with Ukrainian Foreign Minister Andrei Sibiga. At the same time, he noted that “Egypt is Ukraine's biggest partner in Africa and the Middle East.“

Abdel Atty also said that his country “is the main destination for Ukrainian tourists, and Ukraine is an important vacation destination for Egyptian students”. In this regard, the head of the Egyptian Foreign Ministry said that between the two countries “an agreement was reached to expand cooperation in the field of science and culture”. The minister also noted that at the negotiations in Cairo, “the possibility of establishing branches of individual Ukrainian universities in Egypt was discussed.

Furthermore, the head of the Egyptian Foreign Ministry recalled that a memorandum of understanding and cooperation was signed some time ago between the diplomatic offices of the two countries.